601898:SSEChina Coal Energy Co. Ltd. Class A Analysis

China Coal Energy (601898) is trading at a price modestly above its DCF fair value, with the market price sitting above the 20‑day SMA but still under the 50‑day and 200‑day SMAs, indicating a short‑term pullback within a longer‑term downtrend. The RSI hovers around the 50‑mark, suggesting neutral momentum, while the MACD histogram is positive, hinting at a brief bullish lift despite the overall bearish trend.
Fundamentally, the stock offers a low PE of ~12.6 versus an industry average of ~21.7, a solid dividend yield of over 3% supported by a comfortable payout ratio, and strong cash generation that keeps the debt‑to‑equity at a manageable ~35%.